Case Study: The Funding Booth saves about $40K a year in processing costs with Kaaj

The Funding Booth saves ~$40K a year with Kaaj

The Funding Booth, a commercial finance broker, faced a challenge common to small teams: manual deal processing was consuming hours that should have been spent on revenue-generating activities. Their small team was tied to the office, and applications that arrived after hours had to wait until morning. This process was slow, prone to human error like missing signatures, and prevented them from focusing on vendors and funded deals.

Kaaj implemented its AI underwriting platform to act as a automated junior underwriter and processing agent. The solution allowed The Funding Booth to forward any application to Kaaj for immediate processing, which includes pulling credit, checking Secretary of State records, and analyzing bank statements. This provided the company with an estimated $40K a year in processor savings, enabled deal reviews in just three minutes from any location, and ensured 100% consistency in compliance checks.

The Funding Booth